Streetbeat News

LAAC

Lithium Americas (Argentina) Corp.

https://www.lithium-argentina.com

Industry

Industrial Materials

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; and Pastos Grandes project located in the Salta province of Argentina. Lithium Americas (Argentina) Corp. is headquartered in Vancouver, Canada.

Open

3.19

Mkt cap

523M

Volume

1.5M

High

3.25

P/E Ratio

-46.29

52-wk high

6.69

Low

3.09

Div yield

N/A

52-wk low

2.07

Scotiabank analyst Ben Isaacson maintains a Sector Outperform rating on Lithium Americas (NYSE:LAAC) but lowers the price target from $8 to $4.25.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 9:05 pm

Lithium Americas (NYSE:LAAC) reported Q2 2024 GAAP EPS of $0.01, a significant decrease from $0.16 per share in the same period last year, representing a 93.75% decline.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 7:21 am

National Bank Financial Inc has initiated coverage on Lithium Americas (NYSE:LAAC) with a Sector Perform rating and a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 4:10 pm

Several major stocks, including Intuit, Workday, and others, are experiencing declines in Friday's pre-market trading. Intuit's shares fell despite better-than-expected Q3 earnings due to weak guidance for the current quarter. Workday also saw a significant drop after lowering its forward guidance despite strong Q1 earnings.

Portfolio Pulse from Avi Kapoor

May 24, 2024 | 9:45 am

Lithium Americas (NYSE:LAAC) reported Q1 earnings with a loss of $(0.06) per share, missing the analyst consensus estimate of $0.04 by 250%. This represents a 50% increase in losses compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 9:39 pm

Cutera, Inc. (NASDAQ:CUTR) shares plummeted over 26% after reporting a Q4 adjusted EPS loss significantly worse than expected, despite beating sales forecasts. Other stocks experienced notable movements, with Murano Global Investments PLC (NASDAQ:MRNO) and Nova LifeStyle, Inc. (NASDAQ:NVFY) leading the gainers, while BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) and Sintx Technologies, Inc. (NASDAQ:SINT) were among the biggest losers.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 6:39 pm

Scotiabank analyst Ben Isaacson upgraded Lithium Americas (NYSE:LAAC) from Sector Perform to Sector Outperform and set a price target of $8.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 3:13 pm

Worthington Steel, Inc. (WS) reported strong Q3 results, surpassing earnings and sales expectations, leading to an 18.8% stock price increase. Other stocks like Murano Global Investments PLC (MRNO), Summit Midstream Partners, LP (SMLP), and FedEx Corporation (FDX) also saw significant gains due to various positive developments.

Portfolio Pulse from Avi Kapoor

March 22, 2024 | 2:08 pm

Lithium Argentina reported a significant increase in its FY23 earnings per share (EPS) to $8.02, up from a loss of $(0.70) in the previous year.

Portfolio Pulse from Benzinga Newsdesk

March 21, 2024 | 7:01 am

Numerous companies are scheduled to report their quarterly earnings on March 20, 2024, with expectations ranging from significant profits to losses. Notable mentions include BioNTech with projected earnings of $2.64 per share, PDD Holdings expecting $1.60 per share, and Micron Technology anticipated to report a loss of $0.26 per share. The diversity in performance across sectors highlights the varied economic landscape.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 9:32 am

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